Showing 1 - 10 of 1,326
We use the new dataset of trade flows across 269 European regions in 24 countries constructed in Santamaría et al. (2020) to systematically explore for the first time trade patterns within and across country borders. We focus on the differences between home trade, country trade and foreign...
Persistent link: https://www.econbiz.de/10014247958
This paper studies how differences in labor market regulations shape countries' comparative advantage in the cross-border provision of labor-intensive services, using administrative data in Europe for the last two decades. I exploit exogenous variation in labor taxes and minimum wages faced by...
Persistent link: https://www.econbiz.de/10014437007
This paper studies the evolution of China's production and trade patterns during its integration into the global … that capital deepening made China's production and exports more capital-intensive, although labor-biased productivity … growth acted as a counterforce. Consistent with the data, our model demonstrates that China's trade openness peaked around …
Persistent link: https://www.econbiz.de/10014544694
Intense US-China commercial rivalry is quantified in this paper with novel non-parametric relative resistance … sufficient statistics. The accounting method minimizes the demand specification error variance in revealed resistances. China …'s manufacturing seller incidence falls (seller price rises) 7.6% yearly as China's sales share quadruples over 2000-14. US seller …
Persistent link: https://www.econbiz.de/10014576571
Recent work documents declining business dynamism in the United States, with concerning implications for markups, innovation and productivity. Using import data for 146 countries over three decades we document a set of new stylized facts describing market dynamism world-wide. Market entry rates...
Persistent link: https://www.econbiz.de/10014576666
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. We use a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of quality...
Persistent link: https://www.econbiz.de/10014226112
This paper considers the evolution of global transportation usage over the past half century and its implications for supply chains. Transportation usage per unit of real output has more than doubled as costs decreased by a third. Participation of emerging economies in world trade and...
Persistent link: https://www.econbiz.de/10014250184
from China. Although population headcounts of the foreign-born fell by more than those of the native-born in regions … exposed to the China trade shock, the overall contribution of immigration to labor market adjustment in this episode was small … industries that would later see increased import penetration from China. The foreign-born share of the working-age population in …
Persistent link: https://www.econbiz.de/10013537796
This study empirically investigates how the invoice currency choice differs between intra-firm and arm's-length exports. We also examine whether other firm- and product-level characteristics affect the choice of invoice currency. This study is the first to be granted access to highly...
Persistent link: https://www.econbiz.de/10014486233
We study the role of export credit agencies--the predominant tool of industrial policy--on firm behavior by using the effective shutdown of the Export-Import Bank of the United States (EXIM) from 2015-2019 as a natural experiment. We show that firms that previously relied on EXIM support saw a...
Persistent link: https://www.econbiz.de/10014468219